NEW YORK--(BUSINESS WIRE)--THL Credit Senior Loan Fund (the “Fund”) (NYSE:TSLF) today
announced the declaration of its monthly distribution of $0.105 per
common share, payable April 28, 2017. Based on the Fund’s current share
price of $17.91as of its close on April 3, 2017, the
distribution represents an annualized yield of 7.04%. Information
regarding the distribution rate is included for informational purposes
only and is not necessarily indicative of future results, the
achievement of which cannot be assured. The distribution rate should not
be considered the yield or total return on an investment in the Fund.

The following dates apply to this distribution:

Ex-Dividend Date:

April 12, 2017

Record Date:

April 17, 2017

Payable Date:

April 28, 2017

A portion of each distribution may be treated as paid from sources other
than undistributed net investment income, including but not limited to
short-term capital gain, long-term capital gain or return of capital. As
required by Section 19(a) of the Investment Company Act of 1940, a
notice will be distributed to the Fund’s stockholders in the event that
a portion of a monthly distribution is derived from sources other than
undistributed net investment income. In January or February of each
year, investors will be sent a Form 1099-DIV for the previous calendar
year that will define how to report these distributions for federal
income tax purposes.

The investment return, price, yields, market value and net asset value
(NAV) of the Fund’s shares will fluctuate with market conditions, and it
is possible to lose money by investing in the Fund. Closed-end funds
frequently trade at a discount to NAV, which may increase the investor’s
risk of loss. There is no assurance that the Fund will meet its
investment objective.

Investment return and principal value will fluctuate. Past performance
is not a guarantee of future results.

THL Credit Senior Loan Fund

The Fund is a non-diversified, closed-end management investment company
that is advised by Four Wood Capital Advisors LLC, a wholly-owned
subsidiary of Four Wood Capital Partners LLC, and subadvised by THL
Credit Advisors LLC. The Fund’s investment objective is to provide
current income and preservation of capital primarily through investments
in U.S. dollar denominated senior secured corporate loans and notes
(“Bank Loans”). There can be no assurance that the Fund will achieve its
investment objectives.

About Four Wood Capital Advisors LLC

Four Wood Capital Advisors LLC (“FWCA”) is the Fund’s investment adviser
and is registered with the U.S. Securities Exchange Commission as an
investment adviser. FWCA is a New York limited liability company formed
in June 2012 to provide investment management and advisory services to
registered investment companies and institutional investors. FWCA is a
wholly owned subsidiary of Four Wood Capital Partners LLC.

About THL Credit Advisors LLC

THL Credit Advisors LLC (“THL Credit”) is an alternative credit
investment manager for both direct lending and broadly syndicated
investments through public and private vehicles, collateralized loan
obligations, separately managed accounts and co-mingled funds. THL
Credit maintains a variety of advisory or sub-advisory relationships
across its investment platform, including THL Credit, Inc. (Nasdaq:
TCRD), a publicly traded business development company, and THL Credit
Senior Loan Fund. Headquartered in Boston, THL Credit also has
investment teams in Chicago, Dallas, Los Angeles and New York.

Forward-Looking Statements

Statements included herein may constitute “forward-looking statements”,
which relate to future events or our future performance or financial
condition. These statements are not guarantees of future performance,
condition or results and involve a number of risks and uncertainties.
Actual results may differ materially from those in the forward-looking
statements as a result of a number of factors, including those described
from time to time in our fillings with the Securities and Exchange
Commission. THL Credit Senior Loan Fund undertakes no duty to update any
forward-looking statements made herein.